NASDAQ:PETQ - PetIQ Stock Price, Forecast & News

PetIQ trades on the NASDAQ under the ticker symbol "PETQ."

PetIQ Inc (NASDAQ:PETQ) announced its earnings results on Thursday, November, 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.09. The business had revenue of $186.03 million for the quarter, compared to analyst estimates of $173.21 million. PetIQ had a negative net margin of 0.59% and a positive return on equity of 9.77%. View PetIQ's Earnings History.

PetIQ is scheduled to release their next quarterly earnings announcement on Monday, March 9th 2020. View Earnings Estimates for PetIQ.

PetIQ updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$680 million, compared to the consensus revenue estimate of $$684.5 million.

2 equities research analysts have issued 12-month price targets for PetIQ's shares. Their forecasts range from $35.00 to $39.00. On average, they expect PetIQ's stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for PetIQ.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PetIQ in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PetIQ.

Media headlines about PETQ stock have trended somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. PetIQ earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for PetIQ.

PetIQ saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 3,740,000 shares, a drop of 13.2% from the December 15th total of 4,310,000 shares. Based on an average trading volume of 378,400 shares, the days-to-cover ratio is presently 9.9 days. Approximately 17.6% of the shares of the company are sold short. View PetIQ's Current Options Chain.

Some companies that are related to PetIQ include McKesson (MCK), AmerisourceBergen (ABC), Cardinal Health (CAH), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), Trxade Group (TRXD) and biOasis Technologies (BIOAF).

Based on aggregate information from My MarketBeat watchlists, some companies that other PetIQ investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Exelixis (EXEL), IBM (IBM), Advanced Micro Devices (AMD), Canopy Growth (CGC), Oracle (ORCL) and Verizon Communications (VZ).

(PETQ) raised $86 million in an initial public offering on Friday, July 21st 2017. The company issued 5,700,000 shares at $14.00-$16.00 per share. Jefferies and William Blair served as the underwriters for the IPO and Oppenheimer, Raymond James and SunTrust Robinson Humphrey were co-managers.

PetIQ's stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (2.59%), AMI Asset Management Corp (1.16%), Nepsis Inc. (0.70%), Occidental Asset Management LLC (0.20%) and TRH Financial LLC (0.15%). Company insiders that own PetIQ stock include Ecp Helios Partners Iv, LP, James Nathan Clarke, John Newland, Mccord Christensen, Ronald Kennedy, Susan Sholtis and Will Santana. View Institutional Ownership Trends for PetIQ.

PETQ stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, AMI Asset Management Corp, TRH Financial LLC, Nepsis Inc. and Occidental Asset Management LLC. Company insiders that have bought PetIQ stock in the last two years include James Nathan Clarke, John Newland and Ronald Kennedy. View Insider Buying and Selling for PetIQ.

Shares of PETQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PETQ stock can currently be purchased for approximately $30.72.

PetIQ has a market capitalization of $868.52 million and generates $528.61 million in revenue each year. The company earns $-780,000.00 in net income (profit) each year or $1.25 on an earnings per share basis. PetIQ employs 1,452 workers across the globe.View Additional Information About PetIQ.

The official website for PetIQ is http://www.petiq.com/.

PetIQ's mailing address is 923 S. Bridgeway Pl., EAGLE ID, 83616. The company can be reached via phone at 208-939-8900 or via email at [email protected]